All Forum Posts by: Tomoko Hale

For me I much prefer SF in SF zone that has ADU rather than buying at duplex in MF zone.

Why ? you could live in better neighborhood while still enjoying the rental income that would offset mortgage cost.

And with ADU you don't even need to meet with your tenant regularly, it is still almost the same privacy if layout is good.

If permitted status is important to you, then you'll want to vet that the ADU was done to code and with permits. Not everyone cares about this but if you do, then check with the City or whatever building authority in your area that would have jurisdiction over that property. That said, ADU's can be a great way to offset your carrying costs and help you house hack.

"ADU" stands for Accessory Dwelling Unit. An ADU is a secondary housing unit or separate living space on the same property as the primary residential dwelling. ADUs are often referred to by various names, including "in-law unit," "granny flat," "backyard cottage," or "secondary suite."

The primary purpose of an ADU is to provide additional housing on a single-family residential property. ADUs can come in different forms, such as a detached cottage, a converted garage, a basement apartment, or an addition to the main house.

Before purchasing a property with an ADU or historically reserved property, you should consult with a local real estate agent or attorney familiar with the local regulations. You can guide any restrictions or compliance issues. Understanding these factors will help you make an informed investment decision.

Accessory dwelling units. They can come in a lot of different forms. Garage apartment, converted garage, mother in law suite, guesthouse, casita, etc. It's a place where someone else can be 'self sufficient' in a separate area of your home. 

I read your initial post and I read uncertainty and doubt.

I would take a pause and educate yourself as much as possible before moving forward.

You mentioned wanting a 2 Bed - 2 Bath in your target market.
I would analyze every 2/2 that sold in your market for the past 90 days and understand why each sold for the price that they did.
Once this is done, reach out to a lender to see how much you qualify to purchase.

Then, I would reach out to an agent to have them show you 2/2's that you are interested in.

best of luck

Tomoko,

I'm a CPA that specializes in real estate. I'm located in Kaysville, UT and do investing in Utah. I have lots of clients that would be able to help you and I can give you suggestions depending on your strategy and specific location in Utah. Feel free to send me a message and I can refer some people your way.

Brandt Bennett CPA

Hi Tomoko! 

I am an agent/investor in the Salt Lake valley. I would love to connect!